Foreclosure Process In Tennessee

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Summary

In Tennessee, a foreclosure attorney isnt required to stay with the servicing during a transfer. A new servicer can choose to continue with the same attorney or hire a new one. The transfer of servicers should not affect the validity of foreclosure auction notices, but the new servicer must comply with all existing notices and timelines. A successor trustee is typically informed about servicing rights transfers, though the level of knowledge can vary. Always consult with a local attorney for specific advice.

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When real property goes through a transfer of servicers would any existing foreclosure attorney stay in place with servicing
Hello Cynthia, could you please clarify the jurisdiction or location this is concerning? Laws can vary greatly depending on the region.
Tennessee
Hello Cynthia, in Tennessee:
- Foreclosure attorney isn't required to stay with the servicing.
- A new servicer can choose to continue with the same attorney or hire a new one.
Remember, laws can change and vary, so always consult with a local attorney.
Would the foreclosure auction notices stay in effect through a transfer of servicers
Hello Cynthia, in Tennessee, the transfer of servicers should not affect the validity of the foreclosure auction notices. However, the new servicer must comply with all existing notices and timelines. Always consult with a local attorney for specific advice.
When a successor trustee is assigned regarding foreclosure actions, does the trustee have knowledge of any servicing rights transfer
Hello Cynthia, in Tennessee, a successor trustee is typically informed about servicing rights transfers. However, the level of knowledge they have can vary based on the specifics of the transfer. Always consult with a local attorney for specific advice.